【RCI3 Three-line + mBDSR】 AUD/JPY 30-minute chart Retracement selling signal 20181227

※Campaign is ongoing until January 10, 2019.

BODSOR (mBDSR)sales page ishere.

※ BODSOR and mBDSR are indicators developed to improve entry accuracy when using three-line RCI to perform buy-ups on pullbacks or sellbacks on rebounds.
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The figure below is a 30-minute chart of AUD/JPY.

AUD/JPY 30-minute chart (December 24–27, 2018)

Upper panel: mBDSR

Lower panel: RCI three lines (red: RCI9, light blue: RCI26, yellow: RCI52)

Among the three RCI lines, only RCI9 is clearly rising.
If RCI9 starts to reverse downward, all three RCI lines may turn downward.
That is, price may also move strongly downward.

In such a scenario, mBDSR’s pullback selling signal (yellow arrow circled) lights up.

In this example, immediately after the signal lights, four consecutive bearish candles occurred, and price continued to move downward afterward.

This can be seen from the chart.

BODSOR (mBDSR) sales page ishere.

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Examples of buy-on-dips and pullback selling signals on USD/JPY 1-hour chart

※The charts in this article may have added circles, lines, or shapes for ease of explanation, so please understand.